By: Bradley C. Smith
The four technicals are low in their respective places on the screen and ready for a move upward in the pair's price. It has been range bound and likely waiting for one of the harder bits of news items below. These items contradict each other or are forecast to be the same. All the news releases today for this pair combined with the likely climb back up and the astonishing climb downward, make any trades ideas difficult for this pair today. The climb back up is likely, it is only a question of when.
8:30am USD est
Building Permits Forecast 0.58M Previous 0.55M
8:30am USD est
Core CPI m/m Forecast 0.1% Previous 0.2%
2:15pm USD est
Federal Funds Rate Forecast <0.25% Previous <0.25%
EUR/USD, technically it should go up, will it?
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